$575,000
$25K PRICE DROP

100 Blake St Lewiston, ME 04240

Estimated payment $3,410/month

Total Views 8,444
-- Bed
6 Baths
6,936 Sq Ft
$83 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 3-minute walk to Kennedy Park
  • No HOA
  • Open Lot

About This Home

Excellent investment opportunity in the heart of downtown Lewiston! This fully occupied 6-unit multifamily is located in a federally designated Opportunity Zone, which may offer significant tax advantages for long-term investors—verify with your CPA. The property features four 2-bedroom units and two 1-bedroom units, offering a solid unit mix for consistent rental income. Over the past four years, the current owners have invested more than $100,000 in updates, transforming the building from a distressed asset into a well maintained and stabilized investment. With strong professional management already in place, this is a true turnkey property, ideal for 1031 exchange buyers or those seeking to start or expand their portfolio. Lewiston's multifamily market is highly competitive, with few large multi-units properties available. Don't miss your chance to acquire a solid asset in one of Maine's fastest-moving rental markets. Schedule your private showing today. Group showing on Thursday, August 14th from 12pm to 2pm.

Listing Agent

David Marshall

EXP Realty Listed on: 08/12/2025

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1901

Lot Details

  • 4,792 Sq Ft Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 6,936 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 537
  • Assessor Parcel Number LEWI-000195-000000-000537

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $27,024
  • Gross Income $75,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,346

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: GPS
  • Above Grade Finished Sq Ft: 6936.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1901
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 6936.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 75264.0
  • Income Expenses Operating Expenses: 27024.0
  • Sewer:Private Sewer: Yes
  • Basement:BrickMortar: Yes
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Brick/Mortar, Full, Unfinished
  • Full Bathrooms: 6
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: LEWI-000195-000000-000537
  • Zoning: DR

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 75264.0
  • Annual Operating Expense: 27024.0

Tax Info

  • Tax Annual Amount: 4346.0
  • Tax Lot: 537
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2025 10/01/25 Price Changed $575,000 -4.2% $83 / Sq Ft
08/12/2025 08/12/25 For Sale $600,000 +103.4% $87 / Sq Ft
02/22/2022 02/22/22 Sold $295,000 -10.6% $43 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $330,000 +168.3% $48 / Sq Ft
02/12/2016 02/12/16 Sold $123,000 -17.9% $18 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
03/17/2015 03/17/15 For Sale $149,900 -- $22 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1633697

Maine Listings

APN: LEWI 00-004-239